CoStar: U.S. hotel performance surges in second week of November
U.S. HOTEL PEFORMANCE saw a boost in the second week of November compared to the previous week, according to CoStar. Year-over-year comparisons also revealed...
HotStats: Competitive benchmarking enhances performance in uncertain times
BENCHMARKING AGAINST COMPETITORS is the first step for hotels to grasp the competitive landscape during budget planning, according to a blog from HotStats. The...
CBRE: RevPAR rebound expected in 2024 after summer deceleration
U.S. HOTELS REVPAR growth is likely to recover in 2024, as inbound international travel further improves and sector-specific headwinds moderate, according to CBRE. CBRE’s...
CBRE: U.S. hotel demand declines slightly in Q3
U.S. HOTEL DEMAND declined by 0.5 percent year over year in the third quarter of 2023, according to CBRE. Simultaneously, there was a matching...
Baird/STR Index declines by 2.4 percent in October
THE BAIRD/STR HOTEL Stock Index dropped 2.4 percent to 5,600, influenced by increasing interest rates affecting both real estate stocks and investor sentiment, according...
CoStar: Corporate, group demand boosted U.S. hotel profitability in September
U.S. HOTEL PROFITABILITY rose in September, driven by increased corporate demand and group bookings, according to STR's May 2023 Profit & Loss data. Meanwhile,...
Halloween hits U.S. hotel performance in early November
U.S. HOTEL PERFORMANCE showed a decline in early November compared to the previous week, according to CoStar. Year-over-year comparisons also presented mixed results, with...
U.S. hotel performance declines in fourth week of October
U.S. hotel performance has declined in the fourth week of October compared to the previous week, according to CoStar. However, year-over-year comparisons revealed positive...
Report: Extended-stay hotels outperform overall industry in September
EXTENDED-STAY HOTELS performance metrics bettered the overall hotel industry in September, according to The Highland Group. The extended-stay supply surged three times faster than...
U.S. hotel performance, YOY comparisons up in third week of October
U.S. HOTEL PERFORMANCE saw an uptick in the third week of October compared to the previous week, according to CoStar. Year-over-year comparisons also showed...